Parliament Introduces Amendment Proposal for Tax Increases on NGOs, Microfinance, and Private Educational Institutions Under New Income Tax Act
December 17, 2024
Parliament Introduces Amendment Proposal for Tax Increases on NGOs, Microfinance, and Private Educational Institutions Under New Income Tax Act The newly passed Income Tax Act 2023 has significant implications for various sectors, including NGOs, microfinance institutions, and private schools and universities, as it categorizes these entities as “companies,” placing them under corporate tax regulations. In response to...
